September 21, 2017

Roger Ver: Don’t like Bitcoin Cash? Don’t use it

Business

September 21, 2017

Early Bitcoin investor Roger Ver perfectly shut down a heckler who interrupted his speech at a blockchain conference in Hong Kong with a few choice words: Don’t like Bitcoin Cash? Then, don’t use it.

Ver was in the middle of discussing why Bitcoin Cash leads to better money during the Bitkan-hosted 2017 Shape the Future Blockchain Global Summit when he was interrupted by a man who shouted that he’s “wrong.”

Rather than fighting fire with fire, Ver responded by letting the man had his say before telling the crowd that there’s a simple solution for those who don’t like Bitcoin Cash.

“And for those of you who don’t like Bitcoin Cash, don’t use it. For those of you that don’t like bigger blocks, don’t use it,” Ver said.

Ver, who people often refer to as the “Bitcoin Jesus,” is a fan of Bitcoin Cash due to its low fees and fast confirmations, which makes it much more in line with the original vision of true decentralized, peer-to-peer electronic cash with more efficient transaction capacity.

In an interview with CoinGeek, Ver said Bitcoin Cash is the answer to Bitcoin’s scaling problem.

“From day one, the plan was always to allow the blocks to become as big as they needed to be in order to accommodate people using Bitcoin, so the fact that this has become a problem with Bitcoin now is actually a sign of its success. Bitcoin Cash is the answer to that problem,” Ver said. “Blockstream and these other guys that want to intentionally make the fees high and the confirmations of Bitcoin transactions slow or indeterminate, like, of course people don’t want to use that. Bitcoin Cash is much more useful for people that actually want to use it as money.”

Ver said he’s been slowly moving some of his funds into Bitcoin Cash in preparation for another split—this time between the Bitcoin legacy and SegWit2X version—which could happen in November. Meanwhile, Bitcoin Cash has been forging ahead with over 8,000 blocks processed since the August 1 split. Currently, Bitcoin Cash is holding at $426 level, while Bitcoin’s price dropped to $3,600 level.

But for those naysayers who continue to doubt Bitcoin Cash, Ver has succinct response:

“People can do whatever they want. It’s a free world now, thanks to the invention of Bitcoin,” he said.